Dear Melanie I had a full and final settlement accepted by the creditors in end of Nov 2013 and I have paid it in Dec 2013. Jan 2014 I received a letter now that they want to release the equity in my property if there is any and is that right? I had given them the details back in Oct 2013 about the ...

I really can't work out how the settlment figure can be worked ou.

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by MelanieGiles You will not be able to re-mortgage the flat, I doubt, given the short term left on the lease. Have you ever tried to acquire the freehold, as this would enhance the possibilities tremendo...

I am trying to work out a settlement figure. I have 14 months left on my iva of £650. For a settlement is it 14 x £650 and share of equity in the flat. Is that the correct way to calculate

Thanks for all the replies. If i were to rent out the flat is that an option. I will be sending the iva payment from overseas and the mortgage for the flat will be paid by the rental income. The only reason i want to rent it out is because we are migrating and never knows if we do not adapt. The fla...

I want to move overseas first as this is urgent is that an option or do I need to inform my IP first

The question I have is there is a restriction to sell as i remember we fill in a form that the IP sent us. so how can we sell or will the IP release the restriction?

Me and my partner are in a joint IVA OF £650 per month and have got 15 months left. We have decided to migrate for family reasons. We live in a flat where the lease is only 49 yrs old. We have asked 3 estate agent to value and as lease is below 50 yrs only cash buyers and maximum value will be £12...

Me and my partner are in a joint IVA OF £650 per month and have got 15 months left. We have decided to migrate for family reasons. We live in a flat where the lease is only 49 yrs old. We have asked 3 estate agent to value and as lease is below 50 yrs only cash buyers and maximum value will be £125k...